Oct 6, 2012 1:00pm PDT
. this is not the recovery we all wanted but we're on the road. for mitt romney it does take away one of talking points he has been very big on, number of consecutive months that the number has been at 8% or above, that line is gone from his speech. short term positives are there for president obama but long term you look at the historical numbers in terms of unemployment in presidential reelection years and depth of the political challenges are great here. >> heather: i'll ask you more about historically in a moment but the numbers have been called into question. there is actually a huge disconnect between the modest of new jobs report and significant decrease in the unemployment rate. jack welch, he went to as far to suggest that the numbers may be manipulated by the obama administration. do you think that the numbers add up? >> i think the suggestion that the numbers was cooked is relatively ridiculous. that being said. economists at the labor department will admit freely that there is a lot of margin of error in these numbers. a month after each job report these numbers are revised upward or downward.